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Re: firsttrade post# 3861

Friday, 01/21/2011 3:53:26 PM

Friday, January 21, 2011 3:53:26 PM

Post# of 9229
Well, as of 15th Nov preferreds were down from the original 14M to 2.7M. So, I doubt there's much left if anything to dump.

There are millions of warrants. I think they've stopped them doing non-cash conversions? (Even if someone is converting warrants non-cash they won't last long - it will take many warrants conversion to make 1 share at these prices). If they have to do cash conversions - good that will be a nice war-chest for the next move.

rich

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